Cite this version: /celex/32023R1114/ART_50/20260823-32c6d21e/
That address is frozen: its bytes never change. This page shows the current text and moves when a newer capture is held. Corpus Merkle root 581628a5b36518981241d2b51f048aa46384f30a74bf648ef542c652028cdeff.

← SatoshiShrine·Source Pathfinder·Topics

MiCA Article 50 — held text

Open the official source (EUR-Lex) →

MiCA Article 50 — held text Article 50 Prohibition of granting interest 1.

Notwithstanding Article 12 of Directive 2009/110/EC, issuers of e-money tokens shall not grant interest in relation to emoney tokens.

2.

Crypto-asset service providers shall not grant interest when providing crypto-asset services related to e-money tokens.

3.

For the purposes of paragraphs 1 and 2, any remuneration or any other benefit related to the length of time during which a holder of an e-money token holds such e-money token shall be treated as interest.

That includes net compensation or discounts, with an effect equivalent to that of interest received by the holder of the e-money token, directly from the issuer or from third parties, and directly associated to the e-money token or from the remuneration or pricing of other products.

32023R1114

docs_evidence/eu-legislation/eurlex-full-text/20260823T093000Z/32023R1114.pdf · sha256 32c6d21e712dbb719a9a6b2d39e85133f3059d9e02d8d9ce70d35332bd568b8b · saved and fingerprinted 20260823T093000Z · Article 50; PDF page 44; derived-text line 2945

Legal text reproduced from the official source under Commission Decision 2011/833/EU. Only the official publication is authentic. This page shows our saved copy of the text. It is not advice and does not decide whether any provision applies to anyone.